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Proposed Amendments HM Treasury

Hogan Lovells

UK payment services: final rules limiting rights for PSPs to exit customer relationships laid before Parliament

Hogan Lovells on

While recent announcements have focussed on the government’s growth agenda, HM Treasury (HMT) has also now pressed ahead with publishing final draft regulations limiting the rights for banks and other payment service...more

Latham & Watkins LLP

HM Treasury Consults on Reforms to UK Anti-Money Laundering Supervision

Latham & Watkins LLP on

The consultation sets out four potential models for reform, and also considers reform to sanctions supervision. On 30 June 2023, HM Treasury published a consultation on reforms to anti-money laundering (AML) and...more

Latham & Watkins LLP

UK to Regulate Cryptoasset Promotions

Latham & Watkins LLP on

HM Treasury has confirmed that it will bring certain unregulated cryptoassets within scope of the financial promotions regime. On 18 January 2022, the UK government confirmed its intention to bring the promotion of certain...more

BCLP

FCA consultation on Primary Markets Effectiveness

BCLP on

Lord Hill’s review of the Listing Regime along with the Kalifa Review of UK FinTech highlighted specific elements of the listing regime that act as barriers to companies listing. According to the Lord Hill’s review, the...more

A&O Shearman

UK Conduct Regulator Consults on Brexit-Related Changes to Its Rulebook and Binding Technical Standards

A&O Shearman on

The U.K. Financial Conduct Authority has published its first consultation on proposed changes to the FCA Handbook to ensure a functioning legal and regulatory framework for financial services in the event of a "no-deal"...more

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